STOCKS, BONDS AND MUTUAL FUNDS

Appreciated securities are stocks or bonds that have been held for a year or more. These investments have gained value over time since their initial purchase. Your appreciated securities can be given as tax-deductible donations to SIM. Could your investments be used to make an even bigger investment in God’s Kingdom?

The process of transferring ownership of a stock or bond is relatively simple, but we’ve put together this quick step-by-step guide to help you through the process. Please contact us if you have any questions.

STOCKS, BONDS AND MUTUAL FUNDS INSTRUCTIONS

I have the certificate

If the certificate is registered in your name:

  1. Sign the back of the certificate as it appears on the front. Be sure to have the signatures on the stock certificate “signature guaranteed”.
  2. Mail in a secure form to E*Trade Securities LLC (address below). If you do not wish to sign the back of the certificate then you can print a Stock or Bond Power of Attorney form. You will need to fill this out and return it in a separate envelope.
  3. Prepare a letter stating that they you are donating the stock to SIM and relinquishing their your rights to it. This letter will need to be notarized and mailed in a secure form to E*Trade Securities LLC.
  4. Download a sample Letter of Authorization. You will need to include the following:
    • Account name: SIM USA, Inc.
    • Account #: 55563273
    • DTC #: 0385
    • SIM’s Tax ID number 22-1936391
  5. Click here to send us the details about your donation. You must complete this form to receive a Letter of Receipt and IRS from 8283 for your donation.

We work with:

E*Trade Securities LLC
Harborside Financial Center
501 Plaza 2
34 Exchange Place
Jersey City, NJ 07311
Phone: 1-800-387-2331
Account #: 55563273
DTC#: 0385
Account Name: SIM USA, Inc.

If the ownership of the certificate has been put in the name of SIM:

  1. Do not sign the back.
  2. Prepare a letter stating that you are donating the stock to SIM USA, Inc. and relinquishing your rights. Have this letter notarized.
  3. Send this letter with the certificate, in a separate envelope, with your name, address, telephone number or email address and designation information for donation. Overnight to:

SIM USA, Inc.
Attention Stewardship Department
14830 Choate Circle
Charlotte, NC 28273

The shares are held at a brokerage firm

  1. Contact your brokerage firm and give them the following information to transfer your securities.
    • Account name: SIM USA, Inc.
    • Account #: 55563273
    • DTC #: 0385
    • SIM’s Tax ID number 22-1936391
  2. Click here to send us the details about your donation. You must complete this form to receive a Letter of Receipt and IRS form 8283 for your donation.